And for that company that it's hired you as an independent contractor, they now pay your employment taxes. They now pay your workers comp. There's another provision in that bill that says that If more than 50% of your revenue is coming from a single source, you just automatically became that person or that company's employee. If you can imagine a general contractor who's got subs, if you're a sub out in the valley or in Anchorage, and let's say you're laying tile for people, and one of your gcs, your general contractor, makes up 50, 60% of your revenue. (24:06–24:18)
CLAIM
Asserts that the pro act reclassifies workers based on revenue source concentration.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.